The splitting of ETH/ETC will be seen as a seminal even in the history of Bitcoin.

seminal - an event strongly influencing later developments.

This messy hard fork has clarified the role and importance of Bitcoin.

• Ethereum as a reliable store of value is dead.
• Until Bitcoin (and yes, it will be Bitcoin) attains a market capitalization in the trillions of dollars, the most important utility of the entire crypto currency space will be to act as a sponge for capital.
• The really interesting smart contract applications require a huge, stable capital base.

Submitted August 01, 2016 at 12:56AM by cryptocomicon http://bit.ly/2aHXwFK